2020 saw a substantial dip in smartphone growth as shipments fell 7% due to the market conditions caused by the COVID-19 pandemic. 2021 will see the market recover, predict the analysts at Canalys, who also forecast that it will get close to a tipping point in the adoption of 5G.
The smartphone market will bounce back now that countries have started to get the pandemic under control. However, that bounce will be limited by the component shortage that has driven up prices of electronics and has caused makers to delay or even outright cancel product launches.
